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It completely obviates the point, because a contract no longer means what it says, it means what Bob says. So just wire your money to Bob, it's simpler.
by JulianMorrison 10y ago
It completely obviates the point, because a contract no longer means what it says, it means what Bob says. So just wire your money to Bob, it's simpler.
- carver 10y agoWhile I prefer non-upgradable contracts for the same reason, there are mechanisms to reach some middle ground, like: 1) a significant delay between the announcement of an upgrade and the actual upgrade (enforced by the blockchain) 2) a mechanism to opt-out or cash out before the upgrade happens